Citizens Business Bank Sells 1,334 Shares of Union Pacific Co. (NYSE:UNP)

Citizens Business Bank decreased its holdings in shares of Union Pacific Co. (NYSE:UNP) by 6.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,794 shares of the railroad operator’s stock after selling 1,334 shares during the quarter. Union Pacific comprises approximately 1.1% of Citizens Business Bank’s portfolio, making the stock its 26th biggest holding. Citizens Business Bank’s holdings in Union Pacific were worth $4,862,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. BluePath Capital Management LLC purchased a new position in Union Pacific during the third quarter valued at approximately $25,000. Valued Wealth Advisors LLC purchased a new position in shares of Union Pacific during the 4th quarter valued at $28,000. Stuart Chaussee & Associates Inc. bought a new position in shares of Union Pacific in the fourth quarter worth $36,000. Fortitude Family Office LLC purchased a new stake in shares of Union Pacific in the fourth quarter worth $44,000. Finally, Hexagon Capital Partners LLC boosted its stake in Union Pacific by 48.6% during the third quarter. Hexagon Capital Partners LLC now owns 309 shares of the railroad operator’s stock valued at $63,000 after buying an additional 101 shares during the period. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Down 1.6 %

UNP traded down $3.82 during trading on Tuesday, hitting $237.13. 1,737,004 shares of the stock traded hands, compared to its average volume of 2,318,918. The firm has a market capitalization of $144.68 billion, a P/E ratio of 22.99, a price-to-earnings-growth ratio of 2.61 and a beta of 1.07. Union Pacific Co. has a 12-month low of $190.71 and a 12-month high of $258.66. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.93 and a quick ratio of 0.76. The firm has a 50-day moving average of $244.15 and a 200 day moving average of $235.56.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, April 25th. The railroad operator reported $2.69 EPS for the quarter, beating the consensus estimate of $2.50 by $0.19. The firm had revenue of $6.03 billion during the quarter, compared to the consensus estimate of $5.97 billion. Union Pacific had a net margin of 26.52% and a return on equity of 44.34%. The company’s quarterly revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.67 earnings per share. Equities research analysts anticipate that Union Pacific Co. will post 11.08 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Thursday, February 29th were given a $1.30 dividend. The ex-dividend date was Wednesday, February 28th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.19%. Union Pacific’s dividend payout ratio is currently 49.62%.

Analyst Ratings Changes

Several research firms have weighed in on UNP. Raymond James reaffirmed a “strong-buy” rating and issued a $280.00 price target (up previously from $275.00) on shares of Union Pacific in a report on Friday. Sanford C. Bernstein upgraded shares of Union Pacific from a “market perform” rating to an “outperform” rating and set a $280.00 target price for the company in a research report on Monday, January 22nd. Susquehanna increased their price target on shares of Union Pacific from $255.00 to $270.00 and gave the stock a “neutral” rating in a report on Friday. Royal Bank of Canada dropped their price objective on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a report on Friday, January 26th. Finally, Benchmark increased their target price on Union Pacific from $260.00 to $266.00 and gave the company a “buy” rating in a research note on Wednesday, April 10th. Seven analysts have rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $258.78.

Insider Transactions at Union Pacific

In other Union Pacific news, President Elizabeth F. Whited sold 3,750 shares of the business’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $250.00, for a total transaction of $937,500.00. Following the transaction, the president now directly owns 56,682 shares of the company’s stock, valued at approximately $14,170,500. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.26% of the company’s stock.

About Union Pacific

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.